One of Tesla’s Cheapest Cars Just Got Way Cheaper

The new Tesla Model 3 will be Elon Musk’s first relatively affordable electric car, but after a hefty price cut on Monday, the faster and fancier Model S isn’t that pricey either. Tesla announced that the cheapest Model S 75 series would drop $5,000 to $69,500, making it the cheapest Tesla money can buy now that the Model S 60 series has been discontinued.